Weird people who never believe me.. but can't prove me wrong lol

Everyone is grabbing at straws now lol. Tell me again which country you live in might as well say you can't do this in Japan lol. Tomorrow I will have access to 20 year charts, then we will see

I was making a point, how difficult it is to lose money in local blue chips. I didn't mean that you should buy at that time, but even if you did, you would not lose money in the long run.

It would be a bad time to buy, but it would not be the wrong time. If you are a trader, and you are wrong, you lose money. If you buy and hold and didn't lose money, by definition you were not wrong. It would have been a bad time, maybe even a terrible time, but it would not have been the wrong time.

The local market is not distorted by QE or anything, if you buy blue chips and hold and keep buying through the bad times, chances are you will make some money.

If not 10 years, then 20 years. If you are young you can wait right? That chart that boon was showing, suppose you lived and worked in the U.S. and bought 100 shares every month, how much would that be worth in 20 years?

People will laugh when you say every month is the right time, but in 10 or more years you will be the one laughing all the way to the bank.

If you say there is a right and wrong time, you would be worth billions by now because you would naturally always buy at the right times

I have yet to see buy and hold fail in the local market.

This post has been edited by wodenus: Mar 14 2015, 12:11 AM

Like I said in the other post.. if you have a steady job, and you are buying quality stock with good fundamentals, every month is the right time to buy

LOL.. yea was a trader for a while.. but then you realize the commisions and sometimes missing out on the dividends will cost you a lot learned one thing.. don't disturb it until the fundamentals change.

This post has been edited by wodenus: Mar 23 2015, 01:54 PM

Exactly. If he had held on, he'd have benefited from the dividend, plus a bit more if he'd added on the way down lol people are so mad that this is against every "trading rule"

This post has been edited by wodenus: Mar 23 2015, 02:13 PM

This.. actually thought of buying it but the PE.. eep.

That's the other thing about the local market, 1.5% drop in one day is normal lol.

Kind of makes you wonder doesn't it? suppose I bought the 10 lowest-priced counters on Bursa.. and waited a long time. Where would I be in say 20 years?

This post has been edited by wodenus: Mar 30 2015, 12:37 PM

Have you ever heard of a company on Bursa go bankrupt?

What.. that was an honest question

U mobile?

Too early to tell.

(1) It's Friday

(2) Everyone's Bloomberg terminal just died for four hours

(3) Longer-term trend still intact.

This post has been edited by wodenus: Apr 18 2015, 01:43 AM

Homer exports to US right? USD drop would have affected the price.

That's 10 lots

https://news.google.com/newspapers?nid=1309...6,3920805&hl=en

Why are there no public listed mamak restaurants

They seem to be selling a lot of stuff, also there's pending litigation. Might want to check and see what the actual operating profit is.

This post has been edited by wodenus: May 18 2015, 06:58 PM

Office space is kind of risky for me.. telecommuting is going to be more and more viable, also some people will quit to be freelancers, small companies setting up in SOHOs instead of office buildings to save cost.

YSPSAH volume jumped from 20 on Thursday May 14 to 35,503 on Friday May 15.. the price jumped too, this is not an unusual volume spike?